Citicore Energy REIT Corp. (CREIT or “the Company”) records stable revenues of Php 1.4 billion as of 3rd quarter of 2025, consistent with the same period in the previous year.
The Company’s consistent performance is primarily attributed to a strong guaranteed base lease of Php1.3 billion, a slight increase from the same period last year. CREIT’s earnings before interest, tax, depreciation, and amortization (EBITDA) and net income also remained solid at Php1.3 billion and Php1.0 billion, respectively.
Dividends for the 3rd quarter of 2025 were declared on November 11 amounting to Php 0.049/share. This equates to an annualized yield of 5.71%, based on September 30, 2025 closing price of Php 3.55/share. Dividends will be payable on January 12, 2026 to shareholders on record as of December 11.
“Our dividends at Php 0.049 per share show CREIT’s continued stability and resilience amidst fluctuating market conditions thanks to its guaranteed base lease component in revenues. Investors looking for passive income generation will find CREIT as an attractive investment option, and long-term investors looking for capital appreciation can also gravitate towards CREIT as we have a strategic growth roadmap for a value-accretive assets acquisition to further solidify our green real estate portfolio,” said CREIT President and CEO Oliver Tan.
CREIT’s sponsor, CREC, recently energized its 42 MWp Citicore Solar Pampanga 1, and 197 MWp Citicore Solar Batangas 1 with a 320 MWh Battery Energy Storage System – the first solar plant in the Philippines that can dispatch baseload power.
With more of its solar projects in Batangas, Pangasinan, Quezon, and Negros Occidental underway, CREC is set to complete its first gigawatt by the end of 2025, mostly situated in CREIT’s land assets.
“CREC’s plan to construct one gigawatt per year for the next five years provides CREIT a clear roadmap for asset acquisition in the coming years,” Tan mentioned.###
